NZ Property Investor - November 2016.pdf

(18759 KB) Pobierz
▶▶ METH ON THE MIND IN
ANZ’S LANDLORD SURVEY ◀◀
NOVEMBER 2016
$9.95
INCL GST
▶
PROFILE: HADAR ORKIBI’S
RULES TO INVESTING
◀
Contents
UPFRONT
03
EDITORIAL
Opportunities for investors
in a strange season.
NOVEMBER 2016
04
STATCHAT
Discover affordable suburbs
with great yields.
20
FEATURES
20
PROFILE: HADAR ORKIBI
This experienced investor has tried
it all and has lessons to share.
06
NEWS
Latest news affecting property investing.
13
YOUR MORTGAGE
Peter Norris answers investors’
burning questions.
14
YOUR HOUSE
The data shows a slowing market
across the board.
26
TOP 30 SUBURBS UNDER 300K
Find a bargain in an affordable hot spot.
32
FEATURE: ANZ SURVEY
Miriam Bell examines investor behaviour
in ANZ’s annual investor survey.
26
36
SERIES: COMMERCIAL PROPERTY
What you need to know before you
sign up a commercial lease.
40
RENOVATION: STAGING YOUR
PROPERTY FOR SALE
‘Why stage your rental?’ asks
Louise Richardson.
ADVICE
16
ASK AN EXPERT
Our panel of experts
answer your questions.
40
WWW.PROPERTYINVESTOR.CO.NZ
//
NZ PROPERTY INVESTOR
1
52
COLUMNS
44
YOUR BANKER
Tony Alexander looks at market stability
following the new investor LVRs.
45
YOUR ACCOUNTANT
Mark Withers outlines the key tax and repair problems.
46
YOUR PROPERTY COACH
Inefficient portfolio management needs
to be tackled, says Sue Irons.
47
YOUR APARTMENT
Aaron Tunstall considers the implications
of cancelled apartment developments.
48
YOUR PROPERTY FINDER
What you need to know before you
sign up a commercial lease.
49
YOUR PROPERTY MANAGER
Sarah Dawson shares her tips on how
to approach investing professionally.
REGIONAL REVIEW:
ROTORUA IS ON THE BUBBLE
50
YOUR PROPERTY NETWORK
Six things you should know before you
buy with Armin Morrison.
REGULARS
60
FROM THE EXECUTIVE
OFFICER'S DESK
Andrew King discusses proposed changes
to the RTA regarding the Osaki ruling.
66
62
PROPERTY INVESTORS’
FEDERATION
What the associations are planning for
October in your area.
80
BOOK REVIEW:
We review Graeme Fowler’s latest book:
20 Rental Properties in One Year.
STATISTICS
66
STATISTICS
Find out the median returns for rentals in your area.
66
2
NZ PROPERTY INVESTOR
//
NOVEMBER
2016
77
SALES STATISTICS
Median house sale prices and numbers sold by region.
78
CLASSIFIEDS
All the best professionals from your region.
FROM THE EDITOR
NZ Property Investor Magazine Ltd
Postal address
PO Box 2011,
Rotorua
Physical address
1448A Hinemoa Street,
Rotorua
T
07-3491920
F
07-3491926
www.propertyinvestor.co.nz
www.landlords.co.nz
NZ PROPERTY INVESTOR MAGAZINE
PUBLISHER
Philip Macalister
E
Philip@propertyinvestor.co.nz
OPEN
SEASON
FOR THOSE INVESTORS WHO
BELIEVE IN INVESTING COUNTER-
CYCLICALLY – AND WHO HAVE
SUFFICIENT EQUITY TO ACT
– NOW MAY BE A GOOD TIME
TO SNAP UP A BARGAIN
sufficient equity to act – now may be a good
time to snap up a bargain while the rest of
them wait to see how the dust settles on the
60% LVR requirement. Our story ‘Top 30
Suburbs Under $300k’ takes a look at the
spots showing the greatest growth over the
past year. Many of these places, by nature
of being in an affordable price bracket, are
in smaller towns peripheral to the larger
centres that have experienced the ‘halo’ effect
from Auckland. Check out the commentary
on p26 to decide whether there are current
opportunities or future growth potential in
these high-performing locations.
Our profile this month, Hadar Orkibi
(p20) is well known to many of you – you
may have heard him speak at your local
property investors’ association meeting.
He’s a successful investor who’s dabbled in
trading and developing and has created his
own rules for investing. You’ll be interested
to take on board some of these gems as well
as hear his plans in this interesting market.
Happy reading.
EDITOR
Joanna Jefferies
E
editor@propertyinvestor.co.nz
SUB-EDITOR
Phil Campbell
STAFF WRITER
Miriam Bell
E
miriam@tarawera.co.nz
ADVERTISING SALES
Cheryl Joubert
T
0800 345675
M
0274 202 069
F
07 3491926
E
sales@tarawera.co.nz
PRODUCTION
Jon Harding,
Debbie Morgan
WE ARE NEARING THE END
of the wet,
sunny and windy season yet there are few
signs of the housing market’s usual Spring
pick-up. House prices are still growing,
but not anywhere near the rate they were
in recent months and many commentators
are putting this down to the Reserve Bank’s
recent loan-to-value restrictions (LVRs)
placed on investor lending.
A drop-off in auction clearance rates,
open home attendees and loan application
rates has been felt, especially in the larger
centres. Yet despite evidence of a cooling
market, commentators appear to agree it
won’t last long, particularly in Auckland
where continuing supply-side issues are
driving price increases.
In fact, some seem to have already
forgotten the new LVRS and are now
focusing their sights on the next big hurdle:
debt-to-income ratios. The Reserve Bank
is currently investigating how they might
apply these restrictions in New Zealand’s
lending environment – a good reason to
examine current opportunities for investors
who’ve given up their day jobs in pursuit of
a growing portfolio.
For those investors who believe in
investing counter-cyclically – and who have
SUBSCRIPTIONS
Dianne Gordon
T
0800 345675
To subscribe go to
www.propertyinvestor.co.nz
To change your address or
subscription details go to
www.propertyinvestor.co.nz/coa
CONTRIBUTORS
Tony Alexander, Sarah Dawson, Allan Galloway,
Nick Goodall, Amy Hamilton Chadwick,
Vicki Holder, Ron Hoy Fong, Sue Irons,
Andrew King, Dana Kinita, Armin Morrison,
Myles Noble, Peter Norris, Bernard Parker,
Kris Pedersen, Louise Richardson, Krister
Samuel, Aaron Tunstall, CampbellVenning,
Mark Withers.
PHOTOGRAPHY
Lisa Davidson
Joanna Jefferies
Editor
//
 NZ PROPERTY INVESTOR
WWW.PROPERTYINVESTOR.CO.NZ
3

Plik z chomika:

Inne pliki z tego folderu:

Inne foldery tego chomika:

Zgłoś jeśli naruszono regulamin